Waggoner Ranch: Iconic Chunk of Texas for Sale at $725 Million

The Waggoner Ranch in north Texas is slightly smaller than Rhode Island and is the largest ranch in the U.S. within a single fence. Everything about it is Texas-scale: the colorful history, the sprawl, the oil that lies beneath it, and the feud among the heirs that is forcing a court-ordered sale. This old-fashioned working ranch comes with 6,800 cattle, 500 quarter horses, more than 1,000 producing oil wells, nearly 30,000 acres of farmland and more than 150 years of history. The price tag: $725 Million. (Video by: Jeniece Pettitt, Ryo Ikegami) (Source: Bloomberg) --Subscribe to Bloomberg on YouTube:    / bloomberg   Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.